That's right--boil your business idea down to 140 characters and tweet it, using the hashtag handle #EUidol. Better get busy, as entrepreneurs are already pitching away in Twitterland. Winners will be decided by the editors of TechFlash. In addition, five more winners will be picked by members of Northwest Entrepreneur Network.

The deadline is this Friday, Oct. 30! So get cracking if you'd like to play Entrepreneur Idol in Seattle next week. Create a snappy pitch and you could be winging your way to the Bellevue Hyatt Regency, east of Seattle, for Entrepreneur University on Nov. 5.